The Trump administration has tapped the Treasury Department to track down and halt the flow of money to foreign drug cartels.
Deputy Secretary of the Treasury Michael Faulkender says the federal agency is choking off the cash flow that powers cartels’ human and drug smuggling operations by designating them as terrorists, he explained to The Daily Wire.
“One of the most important things that the president did upon coming into office was to declare a number of the narco groups terrorist organizations,” Faulkender told The Daily Wire. “What that does is it unleashes additional authorities at Treasury for us to better target some of the financial activities that these cartels are engaging in.”
Faulkender told The Daily Wire that the agency’s moves are cutting into the cartels’ flow of money, disincentivizing their human smuggling and drug-running operations.
“It’s one thing…
